Geomembranes Market to Witness a Pronounce Growth During 2017 – 2027

Growing infrastructural development across the globe, mainly associated to the construction of new roads, is promoting the geomembranes market. Geomembranes are progressively being used in road construction activities. A geomembrane acts as a barrier to the movement of fluids, water and other soluble materials, and is manufactured by using synthetic polymers that are impermeable in nature. Geomembranes are proven to be more effective in terms of impermeability than the other traditional products, namely asphalt, concrete, and compacted clay. Geomembranes are also used in strengthening of weak soil by holding them together, thus increasing the life span of roads.

Geomembranes are planar sheets made of less permeable or impermeable materials. Geomembranes are served in different gauges and quality in the global market. They are widely used in water containment and base lining applications. Geomembranes are generally made of high-density polyethylene (HDPE) or linear low-density polyethylene (LLDPE). Moreover, geomembranes with their wide functionalities, such as exceptional ability to withstand high temperature range, weatherability, chemical resistance, low permeability, UV resistance, high tear, and puncture resistance, are used in a wide-ranging applications including mining, and waste management, among others.

The global geomembranes market is expected to grow at a high rate in the near future. Increasing awareness regarding water conservation in the construction and manufacturing sectors on a global level is expected to promote the importance of geomembranes as a containment solution over the next coming years. Moreover, increasing technological developments such as new arc equipment in which geomembrane is used for leakage detection by TRI Environmental is expected to create new opportunities for the manufacturers of geomembranes for product innovation in the near future. Furthermore, Conley incorporated TPO in geomembranes to cover solar PV panels. As a result, the usage of the TPO-based products in solar PV panels is projected to force other consumers in the solar industry to include the geosynthetic materials over the next comming years.

The increasing practice of geosynthetic clay liner in the landfill and lining systems is likely to pose a substitution threat to the geomembranes market. Additionally, rising demand for bituminous membrane in landfill and waterproofing is proposed to reduce the applications of geomembranes over the forecast period.

Global Geomembranes Market: Segmentation

The global geomembranes market can be segmented based on raw materials, manufacturing processes, applications and regions.

By manufacturing process, the global geomembranes market is segmented as:

Blown Film

Calendering

Others

By application, the global geomembranes market is segmented as:

Waste Management

Mining

Water Management

Tunnel Lining

Others

Global Geomembranes Market: Regional Outlook

North America is expected to dominate the global geomembranes market, due to the growing demand for geomembranes in the mining industries and waste management sector. Western Europe is the estimated to follow North America owing to high consumption of geomembranes in the global market. Moreover, stringent regulations by the government across the globe for environmental protection is also expected to drive the demand for geomembranes in a wide range of applications, namely oil & gas, energy, coal ash containment, civil, agriculture, concrete protection, liquid containment, athletic, spill or secondary containment, and industrial applications. Additionally, APEJ and the MEA are also expected to show moderate growth in the global geomembranes market.

Examples of some of the key participants of the global geomembranes market are:

Plastika Kritis S.A.

Solmax International, Inc.

Agru America, Inc.

Firestone Building Products Company, LLC

Carlisle Syntec Systems

GSE Environmental, LLC

Officine Maccaferri S.P.A

Colorado Lining International, Inc.

Atarfil Sl

Naue GmbH & Co. Kg

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